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Ciena Corporation Message Board

  • kamipekala kamipekala May 21, 2012 3:25 AM Flag

    Noteworthy 5% Fund Ownership Filings Last Week: 2 New And 3 Increased Positions

    This link "Noteworthy 5% Fund Ownership Filings Last Week: 2 New And 3 Increased Positions" shed new light on CIEN. Thoughts?

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    • thanks I just read it.
      I wonder why this Fund invested so much money (probably very close to an amount between us $ 26 and 75mil) if they could not have the expectation to make more money.
      On the othe hand I do not understand reasons for which:
      1) from 21st Febr to now Ciena acquired 17 new contracts of which the Verizon intention to invest on them a lot of money.
      This could be in line with Gary Smith declaration when he said that the 1st qua was underestimated due to the sliding of the orders.

      2) the 2nd qua figures will be comunicated on 31st of May and

      3) Why the stock is so depressed?
      Should it only a question of oversold?

      Some one can issue their point of view?

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